Looking at all possible courses that my life can take, there are exactly zero of them which would result in a Mike that could successfully hand-layup a 5.5psi carbon fiber fuselage successfully.

I have included the possibility of my discovering a carbon fiber monastery/dojo in the Himalayas and joining it in chaste study for 20 years before setting out on my Raptor mission, zenfully cloaked in orange. The thing would still pop a seam upon first application of bleed air.

When you hit 55 years old that happens quite regularly...

Problem with the barn is not consistent. For tobacco that is less of a concern. For the curing epoxy, this is critical.

Tim

By the way, I checked with escrow dot com.
They say "they do have a good many accounts for Raptor."
I am debating sending a check, but I will probably be daisy fertilizer in 5-6 years.
Anybody wanna sell a first hundred slot?

Yeah, "good" for whom? Here is a copy/paste from the chat I had with Escrow dot com:



Did you catch that? A lot of transactions where they have released the money to the seller! There is not supposed to be any money released until a given buyer's specific airplane has gone into production. Since they haven't started on anybody's production plane, nobody's money should be released!

Think about it. He has 1100+ deposit holders at $2,000 each, that's over $2.2M! The deposit holders may not even know or understand that their money has already been released to him.

Yeah, "good" for whom? Here is a copy/paste from the chat I had with Escrow dot com:



Did you catch that? A lot of transactions where they have released the money to the seller! There is not supposed to be any money released until a given buyer's specific airplane has gone into production. Since they haven't started on anybody's production plane, nobody's money should be released!

Think about it. He has 1100+ deposit holders at $2,000 each, that's over $2.2M! The deposit holders may not even know or understand that their money has already been released to him.

Anything is possible, but the fact remains that the buyer is at the seller's mercy after the 3-day "inspection period" which occurs after the "milestone" which has no definition. Also, there's the fact that escrow dot com "does not provide escrow service for transactions regarding deposits of any kind." So he is in violation of their TOS and the whole setup is not as he is describing it on his website.

Anything is possible, but the fact remains that the buyer is at the seller's mercy after the 3-day "inspection period" which occurs after the "milestone" which has no definition. Also, there's the fact that escrow dot com "does not provide escrow service for transactions regarding deposits of any kind." So he is in violation of their TOS and the whole setup is not as he is describing it on his website.

And my point is that's not what it says on the escrow dot com transaction, and that's what really matters.

That is poorly worded and can be read differently. I can read it as: The seller has a lot of transactions with us that have the same terms, namely that the funds will only be released once the Buyers approve and confirm acceptance.

That's not what he said. Another copy/paste from the chat:



IOW, the transaction on escrow dot com just says, "Raptor Deposit, $2,000." Buyer wires the money, Seller says, "OK, you are deposit #1150" or whatever, the seller has delivered what he promised (the reservation), money is released.

From the raptor site

"To place a deposit use the form on the Contact & Mailing List page. Please provide your email address and check the box that you are ready to place a deposit. Within a short amount of time you will receive an email from us and we'll organize your escrow.com transaction. Given that we are using an escrow service they require that the funds are transferred into escrow using a bank wire. This is a legal requirement in order to prevent money laundering. The funds will remain with Escrow.com until the prototype is flying.
At that time we will publish the performance numbers and final price of the aircraft. You will either then be happy with that and stay on board or you can cancel and get a refund. The most you can lose is the $65.00 escrow fee. If you stay on board your funds will transfer to us but you will still retain the option to cancel at any time."

What part is unclear about when escrow goes to the seller?
There may have been different language previously. If they are doing anything different to depositors it would constitute fraud.

But when that thing goes airborne the money is in their hands. It says nothing about meeting performance numbers, pressurizing or anything other than flying.

Dude, are you even reading my posts? It doesn't matter what he says on the Raptor website. That's not your contract. You have to read the fine print in the escrow dot com transaction. In that, there is no mention of the flying prototype.

Dude, are you even reading my posts? It doesn't matter what he says on the Raptor website. That's not your contract. You have to read the fine print in the escrow dot com transaction. In that, there is no mention of the flying prototype.

I can't, I canceled the transaction. Feel free to sign up and see for yourself.